A share price of Cemtrex Inc [CETX] is currently trading at $0.23, up 33.94%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CETX shares have gain 25.40% over the last week, with a monthly amount drifted -22.16%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Cemtrex Inc [NASDAQ: CETX] stock has seen the most recent analyst activity on March 01, 2017, when Taglich Brothers downgraded its rating to a Neutral.
Cemtrex Inc experienced fluctuations in its stock price throughout the past year between $0.16 and $389.40. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. Cemtrex Inc [NASDAQ: CETX] shares were valued at $0.23 at the most recent close of the market. An investor can expect a potential return of 9900.0% based on the average CETX price forecast.
Analyzing the CETX fundamentals
Trailing Twelve Months sales for Cemtrex Inc [NASDAQ:CETX] were 65.32M which represents -0.30% decline. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at -0.08%, Pretax Profit Margin comes in at -0.2%, and Net Profit Margin reading is -0.2%. To continue investigating profitability, this company’s Return on Assets is posted at -0.29, Equity is -2.68 and Total Capital is -0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 422.99.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.1891 points at the first support level, and at 0.1441 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.2670, and for the 2nd resistance point, it is at 0.2999.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Cemtrex Inc [NASDAQ:CETX] is 1.88. As well, the Quick Ratio is 1.34, while the Cash Ratio is 0.46. Considering the valuation of this stock, the price to sales ratio is 0.09, the price to book ratio is 1.40.
